Top Berkshire Hathaway HomeServices team goes indie

The 15-agent Ivan Sher Group will now be known as IS LUXURY and has become a member of the Forbes Global Properties network. Continue reading

Christie’s International Real Estate brings on affiliate in Miami

Fortune International Realty, one of South Florida’s largest independently owned firms, is the luxury brand’s latest affiliate and now known as Fortune Christie’s International Real Estate. Continue reading

Leading Los Angeles agent returns to Sotheby’s International Realty

Marc Noah was with Sotheby’s International Realty for about seven years before moving to Hilton & Hyland. Prior to that, he was a loan officer with mortgage company First Capital. Continue reading

The Agency’s Mauricio Umansky on what’s hurting brokerages the most

At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what’s happening in the market now and how it’s impacting brokers and their agents. Continue reading

Neoclassical-style townhouse in Manhattan sells for $57M

The sale is just the latest in a number of high-end townhouse transactions in the city in recent months, following on the heels of two other $50 million townhouse deals. Continue reading

Forget McMansions — these wealthy homeowners dig McBasements

When city or county restrictions are cramping their styles above ground, luxury homeowners are taking matters into their own hands and building out the basements of their wildest dreams. Continue reading

The Agency launches new market in La Jolla, San Diego

Located in La Jolla, the office marks the company’s 63rd location overall and 21st office in the state of California. Continue reading

Media mogul nabs one of 2022’s priciest listings for $100M

Billionaire media mogul Byron Allen has purchased a Malibu estate for $100 million, making the deal the most an African American buyer has ever paid for a home in the U.S. Continue reading

8 challenges agents should be ready for when selling a luxury penthouse

From dealing with co-op boards to undoing prior upgrades that weren’t up to code, these are the unique challenges luxury agents said can come up with a penthouse transaction. Continue reading

New York state and New York City recoup $3M from luxury developer

Heatherwood Communities LLC received tax exemptions on two of their rental properties in Queens and Brooklyn, but failed to pay the buildings’ service employees wages and benefits for over two years. Continue reading